Tata Power , one of India's largest integrated power companies, has announced its financial results for the first half of fiscal year 2026, demonstrating resilient performance and ambitious clean energy goals.

Financial Highlights

For H1 FY26, Tata Power reported:

Clean Energy Expansion

Tata Power is expanding its clean energy portfolio:

• Plans to achieve 26.3 GW total capacity
• Over 66% of the planned capacity aims to be green energy upon completion
• Capital expenditure pipeline includes:
  • 10.4 GW renewables projects
  • 2.8 GW pumped hydro projects

Sustainability Goals

The company has set sustainability targets:

• Aims to achieve net zero emissions by 2045
• Targets water neutrality by 2030

EV Charging Network

Tata Power plans to expand its electric vehicle charging infrastructure:

• Aims to increase charging network to 5,600 charging points
• Network expected to span across 620 cities

Future Focus Areas

The company is investing in future technologies and solutions:

• Grid digitization
• Battery storage
• Green hydrogen

Tata Power's H1 FY26 results and future plans demonstrate its commitment to sustainable growth and leadership in the clean energy transition. The company's focus on renewable energy expansion, EV infrastructure, and innovative technologies aims to position it for long-term success in India's evolving power sector.

Tata Power , a leading Indian power company, has completed its third installment of ₹64 crore towards its strategic investment in Bhutan's Khorlochhu Hydro Power Limited (KHPL). This latest tranche is part of a larger ₹830 crore deal to acquire a 40% stake in the Bhutanese hydropower project, marking continued progress in the company's clean energy expansion strategy.

Latest Investment Update

The company has now invested a total of ₹184 crore across three tranches in the 600 MW hydropower project. The latest investment details are:

Transaction Progress

This investment represents the third installment following previous tranches disclosed in August 2024, October 2024, July 2025, and November 2025. The Share Purchase Agreement has been executed between Tata Power, the existing shareholder of KHPL, and KHPL itself. The remaining investment tranches are expected to be completed over the stipulated five-year period.

Strategic Significance

The Khorlochhu Hydropower Project aligns with Tata Power's commitment to accelerating its transition towards clean and green energy. This 600 MW project represents a significant addition to the company's renewable energy portfolio and strengthens its position in the hydropower sector.

Regulatory Framework

The transaction has been structured in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this investment does not fall under related party transactions, and no Indian governmental or regulatory approvals were required for this acquisition. KHPL has become an associate company of Tata Power following the investment.

Project Entity Details

KHPL, incorporated on June 12, 2015, had a net worth of Nu. 6,080 million (approximately ₹608.00 crore) as of December 31, 2024. The company continues to develop this significant hydropower project in Bhutan as part of the broader regional clean energy infrastructure development.

This strategic investment demonstrates Tata Power's continued commitment to expanding its clean energy footprint and contributing to sustainable power generation in the region.